LANVIN managing director Thierry Andretta has resigned due to “personal reasons”, a statement from the brand recently. The businessman has served in the role since 2009.
The operational management of the firm will now be led by the label’s chief operating officer, Michèle Huiban, a request of majority owner chairman and CEO Shaw-Lan Wang. According to WWD, Andretta and Wang had differences over the fashion house’s strategy.
Since Andretta joined Lanvin, revenues nearly doubled to €240 million (£203.9 million). He is widely credited for boosting the brand’s global retail expansion, introducing a childrenswear line and for making accessories easily identifiable as Lanvin products. Thanks to Ella Alexander and vogue.co.uk for the news.